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U.S. residents pay more for mobile phones than most of rest of the world

Consumers in U.S. are among the countries who spend the most money on mobile phone services.

Consumers in the U.S., Canada and Spain spend more money on mobile phone services than the remaining 27 countries in the OECD, according to a new report. Taylor Reynolds, an economist with the Organization for Economic Cooperation and Development and author of the report, says residents of the Scandinavian countries pay the least to use their phones.

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